Is it really already that time of the month again? It only seems like a week ago that I did my last monthly update. Time really does fly when you are watching every game of the World Cup, even when your team plays absolutely awfully! No point in making excuses about dodgy linesmen etc - all of the performances were rubbish. Anyway enough of the footie - I am sure most of you only care about the figures (if you want to know about the World Cup find yourself a different blog!).
During the last month I have done very little in the way of trying to increase my online income beyond a quick little bit of backlinking using the sites mentioned in previous months (Redgage, Xomba, SheToldMe etc) but even this was in very small amounts. I did however receive money in my bank account from TopCashBack - over £230 which is in excess of US$350 which is not too bad considering I was going to take out that exact mobile phone contract anyway!
You may remember that my target set in my May 2010 Monthly Update was to try and keep my earnings above $100, and if possible push on to $150 (although this was dependent on time and the World Cup took up the majority of my time during June 2010). So here are my earnings for June 2010, again with an indication of whether it was an increase or decrease.
Hubpages: $133.75 (6% increase over June 2010)
Infobarrel: $0.58 (16% decrease)
Xomba: $2.55 (50% increase)
Webanswers: $0.33 (65% increase)
Redgage: $0.07 (63% decrease)
This month I actually managed to increase my total earnings slightly, with an increase in Webanswers, Xomba and most importantly Hubpages more than making up for a decrease in Redgage and Infobarrel income. This meant I exceeded my conservative target of earning $100 from residual income sources and actually was less than $15 within my target of $150 which is impressive considering I did little to nothing this month with my online activities so this can truly be called residual income.
My targets for July 2010 are to increase my earnings further - I would like to make a minimum of $150 from all sources combined and try and get Xomba over $5 if possible (although this will require a near doubling of income from this source).
I also hope to manage to make a few more posts on this site to see if it results in more traffic (I am driven by the excellent traffic to My Money Making Experiment, Residuals and Royalties and My Online Income By Kidags to name just a few blogs which also do monthly online money making updates and if I could achieve just a fraction of their traffic I would be very happy).